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27carrots

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About 27carrots

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  • Gender
    Male
  • Location
    HAMPSHIRE UK
  • Stacker/Collector
    Stacker

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  1. This is why you need to be careful with silver. A coin that costs £40 when spot is £20 isn’t a coin with a 100% premium. It’s a coin that costs spot + £20. When spot is £100, it won’t be worth £200. More like £120 if in perfect condition or spot if not, regardless of economic conditions.
  2. Does anyone know what happens with non exempt coins when you die? Let’s say you buy a krug for £1000. Then you die and leave it to someone when it is worth £2000. Then they sell it when it is worth £3000. How much “gain” is taxable here?
  3. There are some cheap nobles here. https://en.numista.com/catalogue/pieces22719.html
  4. Are these still available? i’d like one if so.
  5. 1oz britannias came out when spot was about £3 so £2 was the appropriate amount. If they released a 1kg coin at the same time, they would have made it £50.
  6. They would never work as real money as the singles have to have a few pounds premium and so the 50s would need a premium 50 times bigger to be worth 50 singles. They are just collectibles really. I collect the singles as they are worth having but I don’t think you could get the value back reselling the larger denominations in the future and so it’s not worth it for me personally.
  7. 27carrots

    Lowest Gold Price

    I think after the israel conflict ends it will quickly drop back to £1500 temporarily and then keep going back up steadily. There’s still too much inflation.
  8. 27carrots

    Gold weights

    Next week will be the worst time to buy. The price is gonna shoot to £1700 at least but will drop back to £1500 once the war is resolved in a couple of weeks. I’d wait until then.
  9. It might be fun to collect a 1g bar but i wouldn’t get anything bigger. Not even a tenth. If i wanted exposure to palladium, I’d get an etf. The problem is you can’t buy physical when the price drops like a stone and you cant sell when the price spikes. I seem to remember when morezone was selling his stack, he had to sell his palladium 1oz for £200 under spot because spot was high at the time.
  10. Gillicks for 12 over spot 1-4 or 10 over spot for 10 plus. Bizarrely way overpriced for 5-9 at Tavex.
  11. I’d say just full sovereigns. You can sell 100 in a day or two, easy. But I bet it would be harder to sell 100 1/4 coins. I think the problem is they are all recent years so no one cares about the dates. If you build up a large number of sovereigns with different years, people will buy all the dates they don’t have.
  12. Robin Hood now 902 at bbp. Even I’m thinking of getting one.
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